By Nidal al-Mughrabi and Dan Williams GAZA/JERUSALEM (Reuters) – Israel sees no need for another Gaza ceasefire, an Israeli official was quoted as saying on Monday, as tensions between Prime Minister Benjamin Netanyahu's government and Washington flared over U.S. mediation to end the almost three-week-old war. Fighting had subsided over the weekend, with the battered Palestinian enclave's dominant Hamas Islamists endorsing a U.N. call for a 24-hour halt ahead of Monday's Eid al-Fitr festival. Yet Israel balked, having abandoned its own offer to extend a 12-hour truce from Saturday as Palestinian rocket launches persisted. Netanyahu's security cabinet met into the early hours of Monday to debate proposals including for an escalation of the Gaza offensive in which almost 1,100 people have died.
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Gaza truce efforts go up in smokeDaily TimesGAZA CITY: Palestinian resistance group Hamas fired more rockets at Israel on Sunday, despite claims it had accepted a UN request for a 24-hour extension of a humanitarian truce in war-torn Gaza.and more »
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By Shinichi Saoshiro TOKYO (Reuters) – Asian stocks shrugged off a drop in Wall Street and hovered near three-year highs on Monday, with China taking the lead after data showed a robust jump in profits earned by industrial firms in the world's second-largest economy. Funds from Middle Eastern and Asian investors were trickling in again as the Muslim fasting month ends, helping to shore up regional stocks, said Soichiro Monji, chief strategist at Daiwa SB Investments in Tokyo.
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On the A20 from Dover towards Folkestone between the junctions with the A256 Dover West and the A260, there are currently delays of 10 mins due to an overturned vehicle closing one lane. Normal traffic conditions expected from 5:30 am.
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By Shinichi Saoshiro TOKYO (Reuters) – Asian stocks dipped in early trade on Monday after disappointing earnings hit Wall Street, while the dollar hovered near six-months peaks against a basket of major currencies. MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.1 percent, taking cues from Wall Street where lackluster results from bellwether names Visa and Amazon triggered a discretionary sell-off on Friday. The euro, already under pressure from a range of factors including expectations of further easing by the European Central Bank and diverging interest rates seen favoring the U.S. over Europe, took another hit on Friday when Germany's Ifo business climate index painted a gloomy picture of the economy. Dollar buying pressure is building as shown by the strength of the dollar index, which this week's data, if upbeat, could enhance further," said Junichi Ishikawa, market strategist at IG Securities in Tokyo.
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